RKDA - Arcadia Biosciences drops 4% on $50M mixed shelf offering

Arcadia Biosciences (NASDAQ:RKDA) may offer and sell up to an aggregate amount of $50M of any combination of the securities, either individually or in combination. Company may also offer common stock upon conversion of preferred stock, or common stock or preferred stock upon the exercise of warrants. Stock declines 3.8% during after hours. SEC filing

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Arcadia Biosciences drops 4% on $50M mixed shelf offering